Short Interest in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Expands By 85.8%

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,506,765 shares, an increase of 85.8% from the May 31st total of 2,963,470 shares. Based on an average trading volume of 9,091,770 shares, the short-interest ratio is presently 0.6 days. Approximately 22.1% of the company’s shares are sold short.

Hedge Funds Weigh In On ProShares Ultra VIX Short-Term Futures ETF

Institutional investors have recently added to or reduced their stakes in the business. DV Trading LLC boosted its holdings in shares of ProShares Ultra VIX Short-Term Futures ETF by 653.8% during the 1st quarter. DV Trading LLC now owns 8,224 shares of the company’s stock worth $430,000 after buying an additional 7,133 shares in the last quarter. Group One Trading LLC bought a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the 1st quarter valued at $762,000. Jump Financial LLC increased its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 47.9% in the 4th quarter. Jump Financial LLC now owns 31,679 shares of the company’s stock valued at $1,138,000 after acquiring an additional 10,259 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter valued at $7,913,000. Finally, HCEP Management Ltd acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter valued at $19,956,000.

ProShares Ultra VIX Short-Term Futures ETF Price Performance

UVXY stock opened at $25.19 on Thursday. The stock has a 50-day moving average price of $31.97 and a 200-day moving average price of $38.06. ProShares Ultra VIX Short-Term Futures ETF has a 1-year low of $24.63 and a 1-year high of $96.30.

ProShares Ultra VIX Short-Term Futures ETF Company Profile

(Get Free Report)

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides 1.5x leveraged exposure to an index comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVXY was launched on Oct 3, 2011 and is managed by ProShares.

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